Paramount Layoffs Hit Motion Picture Execs In Production, Marketing, Music & More; Studio Co-Chairs Say, “Today Has Been A Difficult One”

Deadline•Wednesday, October 29, 2025 at 9:55:15 PM

Today marked a challenging day for Paramount as the studio announced significant layoffs affecting its motion picture divisions, including production, marketing, and music. Approximately 1,000 employees received pink slips as part of a broader strategy to achieve $2 billion in savings. This move highlights the ongoing struggles within the film industry and raises concerns about job security for many veterans in the field. The impact of these layoffs could resonate throughout the industry, affecting not just those directly involved but also the creative landscape as a whole.

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